Legal notes for the org 397c93326bbb41c79fd1e896548349c9
Legal notes for the org
Requirements and things we need to know
- Non-profit
- Price
- Time to set-up
- Liability: Team protection, inc from DAO’s we set up
- If we go VC route for funding, will we need to reconsider legal set-up
- If we generate a tradeable governance token, does this change our non-profit standing
- If operating in Ireland, what is our liability outside the US
Options:
- https://www.wrappr.wtf/ - Wyoming
UNA (unincorporated non-profit association) - find out tax implications
- Denver registered Coop (ex. https://www.buildcities.network/)
Links and resources:
Wyoming v Delaware https://bbcincorp.com/offshore/articles/delaware-vs-wyoming-llc
Wyoming Non-Profit liability details - https://sos.wyo.gov/Forms/WyoBiz/NPCA.pdf